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Niftytrend

Nifty is trying to stage recovery but 3 big hurdles are nearby.Nifty has on Friday tried to stage a recovery. It ended up 287 points from day's low which was a remarkable feat. Now it is staring at 3 or 4 major hurdles before Bulls can come back in business. But well begun is half the job done. The three major resistances are at 24886 that is Friday's high, 24960 that is Mother line of 1 hour chart, and 25172 that is father line of 1 hour chart. To know more about Mother, Father and Small child theory read my book The Happy Candles Way to wealth creation available on Amazon in paperback and Kindle version. After 25172 the major hurdle will be at 25211. Closing above 25211 the bulls can try to take Nifty to higher levels. Support zones for Nifty will be at 24611, 24559 and 24466. If we get a closing below 24466 the bears can pull the Nifty further down and create more downside. Disclaimer: There is a chance of biases including confirmation bias, information bias, halo effect and anchoring bias in this write-up. Investment in stocks, derivatives and mutual funds is subject to market risk please consult your investment advisor before taking financial decisions. The data, chart or any other information provided above is for the purpose of analysis and is purely educational in nature. They are not recommendations of any kind. We will not be responsible for Profit or loss due to descision taken based on this article. The names of the stocks or index levels mentioned if any in the article are for the purpose of education and analysis only. Purpose of this article is educational. Please do not consider this as a recommendation of any sorts.
NSE:NIFTY
by Happy_Candles_Investment
Bank Nifty Mastery: Capitalizing on Volatility for Quick ProfitsToday’s trade exemplifies how strategic timing and keen market insights can turn volatility into opportunity. Leveraging technical analysis and precise risk management, we navigated the swings to secure a tidy profit in Bank Nifty. Dive into the details of our setup and execution strategy—perfect for traders looking to refine their approach in a dynamic market! This caption is designed to attract attention, summarize the trade’s success, and invite other traders to explore your analysis further.
NSE:NIFTYLong
by parthvparikh
Nifty 50 Index - Head and Shoulders Pattern ConfirmedOn the daily timeframe, Nifty 50 has formed a textbook Head and Shoulders pattern, signaling a potential bearish reversal. The left shoulder formed around late August, followed by a higher peak (head) in early September, and now the right shoulder is completed. The neckline has been broken at the 24,612 level, indicating further downside risk. Key Points: Pattern: Head and Shoulders (Bearish Reversal) Neckline : 24,612 (Broken) Immediate Support: 24,459 Target 1: 23,348 (measured move from the head to neckline) Volume: Increased during the right shoulder formation, confirming selling pressure. RSI: Currently near the oversold territory, suggesting a possible short-term relief bounce before resuming the downtrend. Projection: Short-term downside: The first target can be seen around 23,348, where the measured move would complete. Risk Management: A close back above the neckline would invalidate the bearish outlook, with resistance now around 24,816.
NSE:NIFTYShort
by AngshumanSaikia
2
Nifty Next MoveNifty have formed harmonic pattern we can expect a small down trend and after Rally also the area is above 70% of the trend line formation so we can expect buyers in Discount area 📌 Please support me with your likes 🤞🏻 and comments 💬 to motivate me to share more analysis with you and share your any opinion about the possible trend of this chart with me ! Best Regards , Davis 🥰 Hit the like 🤞🏻 button to !! Motive some energy !!🥇 📌 Note : ⨻ Check the live market updates and analysis yourself before buy 📈🔺 or sell 📉🔻 ⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge 📚 in trading ⨹ This is my pre and post market analysis to improve my trading journey 🚀 ⨂ Am Not suggesting anyone to buy or sell ❌ am just giving my views 👀 ⫸ You are responsible for your trading ✅ not me ❌ ⫷ HAPPY TRADING 🥰
NSE:NIFTY
by TRADING_MASTER_DAVIS
Nifty Plummets! All Targets Achieved in 15-Minute Short TradeTechnical Analysis: Nifty – 15-Minute Timeframe (Short Trade) Nifty provided a clear short trade setup with an entry at 25006.45 on 16th October at 2:45 PM. The trade has been highly successful, with the price reaching all designated profit targets. Key Levels Entry: 25006.45 – The short position was initiated here following a strong bearish signal. Stop-Loss (SL): 25032.75 – Placed above recent resistance to manage risk against a potential reversal. Take Profit 1 (TP1): 24973.90 – The first target was quickly reached, confirming the initial bearish momentum. Take Profit 2 (TP2): 24921.30 – Further downside pressure pushed the price to this level. Take Profit 3 (TP3): 24868.70 – The bearish trend continued, achieving this target. Take Profit 4 (TP4): 24836.20 – The final target, marking a complete and successful trade. Trend Analysis The price stayed firmly below the Risological Dotted trendline, affirming the strength of the bearish trend. The sustained selling pressure helped achieve all targets, indicating strong market momentum in favor of sellers. The short trade on Nifty has concluded successfully, hitting all targets, with the final target at 24836.20. The precision of the entry and the guidance of the Risological Dotted trendline ensured a profitable trade.
NSE:NIFTYShort
by ProfitsNinja
Mother, Father lines and the trend line stopping NiftyEvery effort of Nifty is being stopped by mother line, Father line or the trend line. It shows weakness but the turnaround might be around the corner. The possible turnaround zones can be around 24915, 24684 or 24478. If we get a closing below 24478 bears can take over. Resistances on the upper side are 25045, 25088 and 25230. Above 25230 bulls can take a commanding position. Very delicately placed Nifty with a negative shadow of the candle. But some turn around can be expected within this week or the next when we get support from one of the zones mentioned above.
NSE:NIFTY
by Happy_Candles_Investment
Baby steps taken by Nifty towards road to recovery. Today we saw Nifty take first baby steps towards road to recovery. Nifty was seen rising from channel bottom in the hourly chart. One must note that formidable Mother and Father resistance are yet to be conquered. Nifty today was blocked by Mother line which is at 25140. Father line which is at 25262 is waiting to resist further progress of Nifty. To know more about stop losses, trailing stop losses, Profit booking and investment, financial awareness in general, process of investment in Equity or Mother, Father and small child theory read my book The Happy Candles Way to wealth creation. Many People who have read it consider it as hand book and perfect guide to equity investment. You can read reviews of the book or purchase the same from Amazon. The book is available on Amazon in Kindle and paperback version. I am sure you are going to find it of massive use. Once you have read the book, I assure you that you will become a next level investor. If Nifty is able to conquest Mother and Father line, the next resistances will be at 25475, 25644, 25753 and 25875 before Nifty is able to regain 26K levels. Supports for Nifty will be at 24915 (Important Parallel chanel bottom), 24684 and 24478. In worst case scenario Nifty bottom currently seems to be near 23891. It is less likely that Nifty reaches here unless there is some escalation in Middle East or some other major global event.
NSE:NIFTYLong
by Happy_Candles_Investment
Trendline resistance continues to halt Nifty. Closing BellThe trend line resistance continues to halt Nifty. Again today after making a high of 25134 Nifty saw selling pressure mostly again from FIIs. This time Nifty closed the day at 24998 below the psychological level of 25,000. This can enable bears to make Nifty test the support zone between 24932 and 24677. The resistance of Nifty are now at 25057, 25134 and 25204 Mother line resistance of 50 hours EMA and 25294 father line resistance of 200 hours EMA. Nifty continues to squeeze between support and resistance trend line and tomorrow can be the day when we can see either a proper upwing or downward move. Above 25294 Bulls will be very aggressive and drive Nifty upwards. Below 24677 Bears will be very aggressive and thrash Nifty downwards. Strictly do not trade/invest without keeping Stop losses and Trailing stop losses. Stop losses protect your capital and trailing stop losses protect your profits. To know more about stop losses, trailing stop losses, Profit booking and investment in Equity in general or Mother, Father and small child theory read my book The Happy Candles Way to wealth creation. Which is available in Amazon in Kindle and Paperback version. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:NIFTY
by Happy_Candles_Investment